Twenty-First Century Fox Inc (FOXA) Short Interest Down 10.4% in January

Twenty-First Century Fox Inc (NASDAQ:FOXA) was the recipient of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 15,270,502 shares, a drop of 10.4% from the January 12th total of 17,051,944 shares. Based on an average trading volume of 10,887,323 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.5% of the shares of the stock are sold short.

Large investors have recently added to or reduced their stakes in the stock. Cerebellum GP LLC bought a new stake in Twenty-First Century Fox in the 4th quarter worth approximately $106,000. Mint Tower Capital Management B.V. bought a new stake in Twenty-First Century Fox in the 3rd quarter worth approximately $110,000. Rockefeller Financial Services Inc. bought a new stake in Twenty-First Century Fox in the 3rd quarter worth approximately $113,000. Zions Bancorporation lifted its position in Twenty-First Century Fox by 86.4% in the 3rd quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock worth $130,000 after buying an additional 2,276 shares during the last quarter. Finally, Tiedemann Wealth Management LLC bought a new stake in Twenty-First Century Fox in the 3rd quarter worth approximately $148,000. Institutional investors own 54.26% of the company’s stock.

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A number of analysts have recently issued reports on the company. Piper Jaffray Companies reiterated a “buy” rating and set a $44.00 price target on shares of Twenty-First Century Fox in a research report on Friday, January 26th. B. Riley upgraded Twenty-First Century Fox from a “neutral” rating to a “buy” rating and lifted their price target for the company from $38.00 to $46.00 in a research report on Tuesday, January 16th. Atlantic Securities upgraded Twenty-First Century Fox from a “neutral” rating to an “overweight” rating in a research report on Monday, January 22nd. Wells Fargo & Co upgraded Twenty-First Century Fox to a “market weight” rating in a research report on Thursday, January 4th. Finally, Pivotal Research downgraded Twenty-First Century Fox from a “buy” rating to a “hold” rating and lifted their price target for the company from $37.00 to $38.00 in a research report on Tuesday, January 9th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $37.60.

Shares of Twenty-First Century Fox (FOXA) opened at $35.73 on Friday. The firm has a market capitalization of $66,802.16, a P/E ratio of 16.70, a P/E/G ratio of 1.90 and a beta of 1.32. Twenty-First Century Fox has a 12-month low of $24.81 and a 12-month high of $39.13. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73.

Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, February 7th. The company reported $0.42 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.04. The company had revenue of $8.04 billion during the quarter, compared to the consensus estimate of $7.94 billion. Twenty-First Century Fox had a return on equity of 19.77% and a net margin of 13.49%. Twenty-First Century Fox’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS. analysts expect that Twenty-First Century Fox will post 2.01 earnings per share for the current fiscal year.

The company also recently announced a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Investors of record on Wednesday, March 14th will be given a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, March 13th. This represents a yield of 0.00503778337531486%. Twenty-First Century Fox’s payout ratio is 16.82%.

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Twenty-First Century Fox Company Profile

Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.